The Housing Industry Association has launched its imperatives for the Australian Federal election that it hopes all sides of politics will adopt in order to boost housing affordability. Source: Timberbiz
“The launch of our Federal Election Imperatives – Home Ownership Matters clearly communicates the issues and policies that HIA believes are vital to advancing the supply of housing for all Australians,’’ said HIA Managing Director Graham Wolfe.
“This year’s election imperatives remain focused on ‘home ownership’. Home ownership matters – it is the basis of a stable household and a stable economy.’’
HIA research suggests 75% of Australians believe everyday Australians should be able to own their own home. The vast majority of those who don’t currently own their own home aspire to do so, but only 42% of these households feel they will ever achieve this.
“HIA remains dedicated to changing this statistic, and we believe that it is an objective that should be adopted by all political parties contesting the upcoming federal election,” Mr Wolfe said.
“The importance of home ownership cannot be stressed enough. We know that a person who owns a home has a sense of stability and security in their life and that translates to a more stable and productive society.
“A fundamental and long held imperative for the Association is to have a Minister for Housing elevated into cabinet. Housing is critical to Australian society and housing issues must be given the prominence that they deserve.
“The housing affordability challenges facing Australian households can only be addressed if the supply of housing can align with demand. HIA estimates that we will have to build 1.66 million houses by 2030 just to keep up with the demand from population growth.
“In these times of ongoing uncertainty and turmoil, our mantra that home ownership matters remains a solid foundation for the Association. Our resolve to uphold our core value of home ownership for all Australians is a message all sides of politics will be hearing from HIA in 2022,” Mr Wolfe said.
HIA’s federal election imperatives 2022 are available at to download here.
